New York, New York--(Newsfile Corp. - April 25, 2022) - Bloom Technology, one of the fastest-rising blockchain expert companies developed a fully decentralized blockchain "Locus Chain" even capable of operating on mobile devices with low computational power, announced that it has executed a strategic business partnership agreement with Kontur, an AI company in the U.S. to cooperate on all upcoming AI Smart City projects. The U.S.-based Kontur developed a "Mapping & Geospatial Data Solution" applied to smart cities, and also provides artificial intelligence data analysis and prediction solutions in response for natural disasters, which are increasing in scope and severity due to the overcrowded regions across the Earth.
Through the strategic partnership agreement, Kontur has agreed to cooperate as the leading technology partner for all smart city projects of Bloom Technology and also to appoint Locus Chain as the blockchain partner for all AI DATA solutions currently in service. Kontur currently supplies its technology to PDC (Pacific Disaster Center), an artificial intelligence big data analysis entity that provides disaster analysis prediction solutions to NGO and governments of over 70 different countries around the world, and has decided to co-develop various convenience solutions and technologies, necessary for smart city businesses where data authentication and effective data distribution is crucial, with Bloom technology's highly scalable blockchain.
The business partnership agreement between Bloom Technology and Kontur symbolizes the great significance of the companies entering the global AI smart city businesses, with plans to apply the next-generation blockchain Locus Chain to all smart city projects conducted by Kontur in the future.
Arben Kane, the CEO of Kontur, is an investor and advisor to several blockchain projects such as IOTA and BadgerDAO, and is acknowledged as an expert that leads the blockchain and AI industries.
Arben Kane said, "The technology that needs to be applied to the field of smart city must be a decentralized public blockchain that guarantees the highest scalability and performance, which is very rare to find. After reviewing several blockchain protocols around the world, I strongly believe 'Locus Chain' is the only solution that is stable and suitable for this project. The collaboration between Bloom Technology and Kontur will create an unprecedented ecosystem in unexplored blockchain territory." "With existing know-how and new technologies, we will definitely lead Bloom Technology's smart city project to success," he added, expressing his firm will and confidence.
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